Word: fresh
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Dates: during 1970-1979
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With frightening memories of December's terrorist kidnaping of OPEC oil ministers in Vienna still fresh, finance ministers of the oil producers' cartel met last week in Paris instead, under heavy guard. They agreed to set up an $800 million fund to make longterm, interest-free loans to less-developed countries, OPEC'S first gesture as a group to help poor nations that are afflicted with high oil bills. The fund's main backers, Iran and Venezuela, originally proposed $1 billion a year for five years. Instead, the fund will exist for only a year...
...Gerald Ford's week, and he made the most of it. Projecting a fresh sense of confidence in himself, his policies and his political future, the President used the power of his office to take attention away from Ronald Reagan, his Republican rival, and from a crowded field of Democratic candidates. Ford used the State of the Union address and the budget message not only to lay out his programs but to launch in earnest his campaign for election in November...
...worst of the company's problems stemmed from the SX-70. From the moment it was marketed nationally in 1973, sales were respectable for so high-priced a camera (then $180 before discounting) but below expectations. Users complained of dead batteries in fresh film packs and bad pictures-"washouts" from manual flash picture adjustments that were too complicated, poor color reproduction, even loss of such details as eyebrows that failed to appear in fully developed photos. Polaroid's earnings plunged from $66 million in 1970 to $28 million in 1974, and that year the company's lagging...
...employer of Harvard's size--11,000 employees--12, or 30, or 40 complaints is a very small number: "de minimis," Leonard says. They point to the fact that Harvard tries to deal with such cases through its own grievance procedures while the facts surrounding the complaint are still fresh. An "in-house" investigation in many cases brings the employee with a discrimination complaint into Leonard's office to meet with him and Powers. Leonard says he is often able to clear up a misunderstanding or "something wrong" without the complaint having to go through any formal procedure, either...
...what of a more serious concern-that the FBI either bungled the whole investigation because of Hoover's hatred for King, or may even have helped plan the murder? As part of its own fresh investigation of the King case, TIME has learned that a Justice Department review of the FBI's work will conclude there is no evidence of any kind that the FBI 1) helped arrange the killing, or 2) failed to do everything it could to run down the sniper and any conspirators. Since the FBI is an arm of the Justice Department, of course...